Telegram set to lead TON network and become its largest validator
Crypto Briefing
Telegram is assuming a primary leadership role in The Open Network (TON) by becoming its largest validator and implementing significant performance upgrades.Summary
Telegram is shifting its strategy to take a dominant role in The Open Network (TON), with CEO Pavel Durov announcing that the company will replace the TON Foundation as the primary driver of the network. This transition involves Telegram becoming the largest validator for the blockchain. As part of a roadmap dubbed MTONGA ("Make TON Great Again"), the project has implemented significant technical improvements, including a consensus mechanism upgrade that reduced block times to 400 milliseconds and a sixfold decrease in transaction fees. These updates aim to support the network's role as the foundation for Telegram's Mini App ecosystem, facilitating rapid in-app purchases and peer-to-peer transfers.
(Source：Crypto Briefing)